Increased regulation a boon for Indonesia

Bain and Company's head of wealth management in Asia, Sameer Chishty, is quoted by Professional Wealth Management for his view on the results of recent banking regulations implemented in Indonesia. Chishty states, "Indonesia’s strong fundamentals and secular growth are fuelling the growth in the wealth management industry." The article author further comments that, "according to a recent report published on Asia’s wealth market, Indonesia will experience the fastest HNWI (high net worth individuals) growth rate among Asian countries of 25% between 2010 and 2015."